Regional Segmentation and
Statistics based on the growth of global steam autoclave market:
Regional segmentation of the Autoclave
Equipment Market by Coherent market Insights comprises North America, Asia
Pacific, Europe, Middle East, and Africa. Slowest market growth was observed in
Europe due to the economic instabilities in certain countries. The growth of
the chemical sector in Eastern Europe is a major source of demand of
autoclaves. According to the World Health Organization, 180,000 people died
from AIDS-related illnesses in Nigeria in 2015, which has led to the emergence
of largest and most promising markets in Nigeria. The boost in South African
autoclave market is due to 78% increase in research laboratories. The demand
for autoclaves over the next five years is due to the increase in the number of
medical and healthcare facilities in other West African countries.
Sterilization devices are of a
significant value as they ensure the absolute destruction and elimination of
all forms of microbes. Autoclave is a majorly used sterilization device as it
uses high temperature steam to sterilize a variety of solids and liquids. It is
an effective, non-toxic and inexpensive method. The benefits offered were soon
apparent and eventually it became an invaluable and integral part of every
hospital and private clinic. Autoclaves are built to operate at high
temperature range of 121-1450C, which enables steam to infiltrate materials and
effectively decontaminate it. Autoclaves provide a number of display features
for cycle documentation. These displays work in tandem with one another to
specify how temperatures change based on treatment times.
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Autoclave equipment provides a
benefit of exhaust fan features that function to dry decontaminated materials
and evaporate moisture. These benefits of autoclaves are likely to drive the
global autoclave market during the forecast period.
Research and development
laboratories, pharmaceuticals & healthcare, tattooing & body piercing,
veterinary science, rubber vulcanization in chemical industry are some of the
common application areas.
Low capital Investment, high
returns leads to the growth of Autoclave Equipment Market:
One of the prominent factor
driving the autoclave equipment market is the increase in the number of
surgeries and endoscopic procedures. For instance, the Centers for Disease
Control and Prevention, in U.S. as of 2015 states that 46.5 million surgeries
and 5 million endoscopies are performed every year which require sterilization
of the devices post-surgery. The Autoclave Equipment Market has witnessed
growth over the years as it require low capital investment for installation,
and is more efficient than other sterilizing equipment. The World Health
Organization states that 7 out of 100 hospitalized patients acquire hospital
acquired infection at any given time and one third of the ICU patients acquire
hospital acquired infections (HAIs) due to the presence of a non-sterile environment
in 2011. The Journal of the Royal Society Interface stated that more than 44
million cases of infectious diseases were reported globally between 1980- 2013.
The global rise in the number of hospital-acquired infections and diseases,
huge surge in surgical procedures has resulted in stringent safety regulations,
leading to an increase in the demand for sterilization equipment in healthcare
facilities.
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Positive Pressure Displacement
Autoclaves equipment is expected to dominate the market over the forecast
period
Technological advancement in
autoclave equipment could be a dominating trend in near future:
With the advancement in
technology, the improvised version of autoclaves introduced in the markets are
smarter and flexible to function with minimum human input. They reduce
functioning complexities and allow accurate monitoring. The autoclaves can be
easily synced with the devices and instruments. This improved connectivity
enables easy monitoring of equipment.
Adoption of various sterilization
technique to develop autoclave equipment by Danaher can boost the company
revenue
The leading players of autoclave
equipment market industry include Danaher, PerkinElmer, Tecan Group and Thermo
Fisher. Other prominent vendors in the autoclave equipment market are: Siemens
Healthcare, Abbott Diagnostics, Agilent Technologies, Aurora Biomed, Becton,
bioMérieux, Biotek Instruments, Eppendorf, Brooks Automation, CernerHamilton
Storage Technologies, LabVantage Solutions, Labware, Olympus, Qiagen.
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